Video: Thomas Sowell, Facts and Fallacies

The video below is from an interview at the Hoover Institution with Thomas Sowell about his book Economic Facts and Fallacies
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In Economic Facts and Fallacies, Thomas Sowell exposes some of the most popular fallacies about economic issues in a lively manner that does not require any prior knowledge of economics. These fallacies include many beliefs widely disseminated in the media and by politicians, such as fallacies about urban problems, income differences, male-female economic differences, as well as economic fallacies about academia, about race, and about Third World countries.

Sowell shows that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power–and makes careful examination of their flaws both necessary and important.

The following video is an exceptional introduction to the book as well as informative for the economic layman…

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